Analyst: Mortgage industry still facing layoffs (The Arizona Republic) The mortgage industry still isn't out of the woods and faces substantially more new layoffs, according to a report.read more...
Rate Jump A Rude Awakening For Home Buyers "I do think in all likelihood the correction will now last longer." When Steve Miller went to make an offer on a Minneapolis condo this week, he suddenly found
Take a closer look at mortgage fraud (Naples Daily News) Mortgage fraud is running rampant across the U.S., posing potential financial damage or ruin to homeowners and even the local community. The FBI reports that the illegal activity can have
New York Mortgage Trust, Inc. Updates Second Quarter Earnings Guidance (PR Newswire via Yahoo! Finance) New York Mortgage Trust, Inc. announced today that it's updating its recently issued earnings guidance of $0.20 to $0.22 per common share for its second quarter. The Company now
SouthFirst Bancshares CEO Sandra Stephens After enduring multiple quarters plagued by management shuffles and net losses, Sylacauga, Ala.-based SouthFirst Bancshares Inc.read more...
Legislature implements mortgage recording tax (The Evening Times) HERKIMER -- The Herkimer County Legislature last week passed a local law calling for the implementation of a mortgage recording tax of a quarter percent. The tax is expected to
Two U.S. home financing heavyweights won government approval on Wednesday to pump $200 billion more into troubled U.S. mortgage markets, the latest step to stabilize credit markets and avert a deep recession.
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